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LONDON — Global stock markets are fighting back on Friday afternoon, following two days of sharp sell-offs amid suggestions that the era of ultra-loose monetary policy could be coming to an end.
Asian bourses lost substantial ground overnight. Japan's Nikkei closed down by almost 1% on Friday, while the ASX 200, Australia's benchmark stock index dropped by 1.7%.
The equity slide initially continued into the European morning, but the continent's major indexes climbed back as the morning progressed, and by midday, all bourses are trading in positive territory.read more

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